Research and Markets (http://www.researchandmarkets.com/research/p9hvkg/health_supplement) has announced the addition of the "Health Supplement Market in Malaysia 2015-2019" report to their offering.
The report predicts the health supplement market in Malaysia to grow at a CAGR of 7% during the forecast period.
The rise in the aging population in Malaysia is the key driver for the market growth of this region. Products that prevent age-related disorders, such as those linked to the digestive system, and ones that help maintain blood sugar levels, are in high demand among this age group.
The growing demand for probiotic products is also expected to contribute to the market growth in Malaysia. These products are primarily used as a substitute for growth promoters and antibiotics across the globe.
Segmentation by product and analysis of the health supplement market in Malaysia:
- Vitamins and dietary supplements
- Weight management products
- Herbal and traditional products
The vitamins and dietary supplements segment led the market with a market share of around 49% during 2014 and is expected to lead the market until the end of 2019. The rise in the aging population and the awareness of benefits from these supplements are the key drivers for the growth of this segment.
The health supplement market in Malaysia is diversified by the presence of international and regional vendors, competing on the basis of quality and pricing, and market reach and financial resources. The report predicts the competitive environment to intensify further during the forecast period due to product/service extensions, product innovations, and mergers. International players are anticipated to grow inorganically by acquiring regional or local players.
Companies Mentioned:
- Amway
- CCM
- Cosway
- Herbalceutical
- Herbalife
- Astana Biocare
- Bioalpha
- Dynapham Herbal
- Era Herbal
- QD Herbs
- White Heron Pharmaceuticals.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Malaysia: An overview
PART 06: Malaysia: Economic profile
PART 07: Malaysia: Doing Business 2015
PART 08: Market landscape
PART 09: Market segmentation by product
PART 10: Value chain analysis
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Other prominent vendors
For more information visit http://www.researchandmarkets.com/research/p9hvkg/health_supplement
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